Phases and Turning Points of the Business Cycle Are Expansion

question 196

True/False

Phases and turning points of the business cycle are expansion, peak, recession and trough.

---

Definitions:

Central Africa

A region located at the center of the African continent, characterized by its diverse cultures, languages, and ecological systems, including the Congo Basin's rainforests.

Australopithecine Fossils

Prehistoric remains of Australopithecines, an early group of hominins that lived in Africa and are considered ancestral to humans, characterized by bipedal locomotion and relatively small brain sizes.

Million Years

A unit of time equal to one thousand thousand years, often used to express geological and cosmological time scales.